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The following information is from the records of Mountainview Camera? Shop:
Accounts? receivable, December? 31, 2024 ?$84,000 (debit)
Net credit sales for 2024 ?160,000
Accounts written off as uncollectible during 2024 ?17,000
Cash sales during 2024 ?43,000
Problem 1: The company uses the direct write-off method for bad debts. What is the amount of bad debts? expense?
A. ?$59,000
B. ?$84,000
C. ?$43,000
D. ?$17,000
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